The forecasted whole dried milk production in France shows a gradual decline over the next five years. The values for 2024 to 2028 decrease from 163.64 thousand metric tons in 2024 to 155.96 thousand metric tons in 2028. In 2023, the actual production stood at 165.6 thousand metric tons. The year-on-year percentage variation indicates a consistent decrease of around 1% to 1.5% annually. Over the last two years, the compound annual growth rate (CAGR) indicates a downward trend, averaging a yearly decline of approximately 1.5% over this forecast period.
Future trends to watch include potential impacts from changes in consumer preferences towards plant-based alternatives, fluctuations in global dairy prices, and any significant changes in agricultural policies in France or the broader European Union.
